Socialists want full pay for their work. Would they delay that payment until completion of production? Would they agree to cover any losses after the sale of the product? I recently view a video in
Systems Thinking helps people understand more clearly the complexity of markets. You will probably hear me make several references to “systems thinking” in the process of explaining free
Artificial changes in the money supply always disrupt the money cycle and cause price disruptions that lead to production problems in otherwise normally functioning markets. Introduction The
At the core of Modern Monetary Theory (MMT) lies the implicit premise that the acquisition of money represents an end of itself. MMT bases its argument on what some people refer to as a
The language used by economists confuses many people—including themselves. Imprecise usage of words and phrases leads to poor communication and flawed thinking. Test the meaning of everything you
Pundits, inside and outside of government, make a big deal out of the problems of national debt. Before you understand the problem of national debt you must understand the truth behind what they say
Government involvement in “healthcare” provides startling example of an incredible waste of resources that no one seems to notice. It shows how a current benefit causes a long-term drag
Your vote today supports theft, tyranny, and disaster. When you cast your vote today, think about what you have really done. You have really abdicated your responsibility for your life, liberty, and
Nation-states have no resources of their own. They redistribute the resources of their citizens. Nation-states can neither win nor lose when they play with other people’s resources. Tariffs and
More people added to the population of the country adds nothing to its economy, unless they bring capital. Invaders generally don’t bring capital, they consume it. Television screens have been